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Europe textile sector seeks urgent action against ultra-fast fashion
Yahoo Finance· 2025-09-17 11:06
Core Viewpoint - European textile and clothing federations are advocating for stronger regulations and taxes on fast fashion to address environmental and economic challenges posed by ultra-fast fashion practices [1][2][7]. Group 1: Regulatory Measures - The federations are calling for a tax on small-parcel deliveries and the elimination of the €150 ($177.70) customs duty exemption [1]. - There is a demand for stronger regulations and sanctions as outlined in the Digital Services Act (DSA) and Digital Markets Act (DMA), including the appointment of legally authorized representatives by e-commerce companies [2]. - The federations emphasize the need for improved value-added tax (VAT) collection processes to manage the influx of goods into the EU market [2]. Group 2: Impact of Ultra-Fast Fashion - The alarming growth of ultra-fast fashion, primarily driven by large non-European online platforms, is highlighted, with an estimated 4.5 billion parcels delivered to the EU in 2024, representing 5% of total clothing sales and about 20% of online clothing sales [3]. - The trend is leading to increased textile waste due to the overproduction of short-lived items, putting significant strain on European small and medium-sized enterprises (SMEs) that must comply with strict social and environmental regulations [4]. - Local retailers are facing challenges that contribute to the decline of urban centers, exacerbated by the practices of ultra-fast fashion [4]. Group 3: Legal and Competitive Issues - Allegations of VAT fraud, counterfeiting, and unfair competition are raised, indicating violations of European regulations [5]. - The federations suggest engaging with Chinese authorities to regulate online platform practices, indicating a need for international cooperation [3]. Group 4: Collective Action - The declaration is supported by various organizations, including Euratex and national associations from multiple European countries, indicating a unified stance against the challenges posed by ultra-fast fashion [6]. - The federations assert that ultra-fast fashion should not become the norm and urge the EU to take immediate action to protect businesses, workers, and the environment [7].